Kaieteur News

• Exxon: As more oil projects come on stream US$600M insurance remains same

  …says US$2B guarantee still lodged with Govt. (Kaieteur News) – As Guyana brings more Floating Production Storage and Offloading vessels (FPSOs) to increase the nation’s generation capacity, the country has been stuck with a US$600M insurance from the operator in the event an oil spill occurs. The limited insurance remains a major cause for concern for […]

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• Guyana risks EITI suspension if citizens remain shut out of information sharing

  …as country faces fresh evaluation round  (Kaieteur News) – Guyana faces the risk of temporary suspension from the Extractive Industries Transparency Initiative (EITI) under Article 6 of the EITI Standard if it fails to demonstrate substantial progress on a sweeping mandate of 21 corrective actions. Following an extension of its initial timeline, the EITI International Board […]

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• Man in 10- AK-47 bust remanded

  …breaks down in court, begs magistrate for mercy  (Kaieteur News) – A taxi driver who was fingered in the major firearms bust in Berbice was on Thursday remanded to prison after being charged with possession of firearm and ammunition without license. Stephen Rajah, 33, of Goed Fortuin Village, West Bank Demerara, was remanded for the offense […]

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